Krispy Kreme Inc (NASDAQ: DNUT) is -55.59% lower on its value in year-to-date trading and has touched a low of $4.44 and a high of $16.05 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DNUT stock was last observed hovering at around $4.47 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $4.41, the stock is -16.76% and -36.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.39 million and changing -1.34% at the moment leaves the stock -54.88% off its SMA200. DNUT registered -69.86% loss for a year compared to 6-month loss of -58.44%. The firm has a 50-day simple moving average (SMA 50) of $6.9839 and a 200-day simple moving average (SMA200) of $9.774325.
The stock witnessed a -24.49% gain in the last 1 month and extending the period to 3 months gives it a -54.68%, and is -11.80% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.74% over the week and 5.53% over the month.
Krispy Kreme Inc (DNUT) has around 21000 employees, a market worth around $751.02M and $1.67B in sales. Current P/E ratio is 286.36 and Fwd P/E is 20.62. Profit margin for the company is 0.19%. Distance from 52-week low is -0.68% and -72.52% from its 52-week high. The company has generated returns on investments over the last 12 months (0.13%).
with sales reaching $383.97M over the same period.The EPS is expected to shrink by -47.28% this year, but quarterly earnings will post -2.14% year-over-year. Quarterly sales are estimated to shrink -13.27% in year-over-year returns.
Krispy Kreme Inc (DNUT) Top Institutional Holders
205.0 institutions hold shares in Krispy Kreme Inc (DNUT), with institutional investors hold 115.86% of the company’s shares. The shares outstanding are 170.06M, and float is at 83.33M with Short Float at 27.45%. Institutions hold 54.09% of the Float.
The top institutional shareholder in the company is BAMCO INC /NY/ with over 10.06 million shares valued at $108.2 million. The investor’s holdings represent 5.9468% of the DNUT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.87 million shares valued at $84.72 million to account for 4.6676 of the shares outstanding. The other top investors are HSBC HOLDINGS PLC which holds 7.07 million shares representing 4.1825% and valued at over $74.19 million, while BANCO SANTANDER, S.A. holds 4.0777 of the shares totaling 6.9 million with a market value of $74.19 million.
Krispy Kreme Inc (DNUT) Insider Activity
#####
Still, SEC filings show that on Sep 16 ’24, McBride Kelly P (Chief Accounting Officer) disposed off 16,488 shares at an average price of $12.13 for $0.2 million. The insider now directly holds 62,080 shares of Krispy Kreme Inc (DNUT).
